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Value of Australian Fortified Wines

February 14, 2012
Question by: Robert, Canberra, Australia

Q:

Q 1.. i have a full set of 6 of the Customs House tawny ports put out by Yalumba, what is their value?

Q 2 .. i have two full sets 1980 and 1982 Capital City Racehorse Cup winners , including the Kingston Town Sydney Cup put out by St Hallets.  What is their value?

A:

Hi Robert,  Symington Family Estates are not active in the secondary market for Vintage Ports so are unable to advise you on the value of your wines.  Furthermore, only fortified wines made in Portugal and certified by the Instituto do Vinho do Douro e Porto can truly be called Ports - rather like sparkling wine from anywhere in the world except the Champagne region of France is not true Champagne. 

Your best bet is to discuss your wines with a top specialist wine merchant or auction house in your area who will be famliar with these wines and the commemorative sets and their value, if any, in the secondary market.  Another alternative is to approach one of the top auction houses that routinely handle fine wines worldwide.  Bonham's have several offices in Australia, Christies has one in Sydney, and Sotheby's have contacts in Melbourne and Sydney. 

Be aware, any one who might broker or purchase your wines will want more information about when and where the bottles were acquired and most importantly, how they have been cellared since acquisition. To learn a bit more about this, you may want to consult two other articles on The Vintage Port Site: one about Storing Vintage Port, and the other about Purchasing Vintage Port which gives the buyer's perspective on the risks of buying wine in the secondary market or at auction.



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